US credit ratings downgrade will lead to volatile Indian stock markets

	Dated:August 07,2011

Market Round-up SENSEX 17305.87 -387.31 NIFTY 5211.25 -120.55 NASDAQ 2141.54 17.78 DJIA 10060.06 19.61 RS/$ 46.79 -0.14 NSE Gainers Scrip Price(Rs.) %Change Sharyans Resources Ltd. 50.70 + 9.62 Nucleus Software Exports 71.90 + 7.95 Cheslind Textiles Ltd. 14.55 + 7.38 Syncom Healthcare Ltd. 18.20 + 6.43 VST Industries Ltd. 1,208.80 + 6.32 NSE Losers Scrip Price(Rs.) %Change DCM Ltd. 64.05 -18.09 Inventure Growth & Securi 171.00 -17.29 OnMobile Global Ltd. 74.40 -14.77 Omkar Speciality Chemical 63.55 -14.12 Nuchem Ltd. 3.15 -13.69
Top Headlines Mideast markets tumble after S&P cuts US credit rating Stocks tumbled across the Middle East on Sunday as most regional markets opened for their first day of business following downgrade of US credit rating. US credit ratings downgrade will lead to volatile Indian stock markets The downgrade of US credit ratings by S&P's is likely to trigger fresh round of turmoil in global stock markets this week, leading to high volatility in equities. Indian Air Force to phase out MiG-21s, Su-30MKIs to replace it Over the years, the IAF has inducted a total of 946 MiG 21s in its fleet and 476 of them have been lost in various accidents over the past 45 years. Most Read Story S&P credit rating: Shock waves in US after S&P downgrades its credit rating to AA+ Many fearing this could affect the financial system worldwide. The Wall Street Journal termed it as shaking of the global financial system. Most E-mailed Story Paradise is a place of luxury, but it doesn't guarantee peace Paradise or heaven is called Swarga and is ruled by Indra, king of the gods. He is surrounded by wealth and beauty and fame, but he is always insecure. Most Commented Story S&P credit rating: Shock waves in US after S&P downgrades its credit rating to AA+ Many fearing this could affect the financial system worldwide. The Wall Street Journal termed it as shaking of the global financial system. Latest Updates Losses seen on S&P action, but panic unlikely Pranab hopeful of DTC roll out from April 1, 2012 Group hacks US law enforcement sites, steals data 'No risk to $ peg, would buy US debt if yields rise'